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Thursday, May 10, 2001, updated at 08:23(GMT+8) | ||||||||||||||
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Restructuring Plan of PT Zhengzhou Baiwen Hits CragPT Zhengzhou Baiwen's (SSE: 600898) restructuring plan was stalled as it failed to provide authorization papers to Shanghai Securities Central Registration and Clearing Co for the planned share change.The registration and clearing company stated in a reply letter that Zhengzhou Baiwen did not hand in the authorization paper needed for a commission-based collective account transfer. Zhengzhou Baiwen said it is discussing the provision of the paper and has filed another application to the latter for share change. Source: Panorama
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